Strive Asset Management LLC Purchases Shares of 5,237 iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Strive Asset Management LLC purchased a new stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the 4th quarter, Holdings Channel reports. The firm purchased 5,237 shares of the company’s stock, valued at approximately $860,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWN. Brooklyn FI LLC grew its holdings in iShares Russell 2000 Value ETF by 6,229.0% in the 4th quarter. Brooklyn FI LLC now owns 2,052,063 shares of the company’s stock valued at $350,211,000 after buying an additional 2,019,640 shares during the period. Strategic Financial Concepts LLC grew its holdings in shares of iShares Russell 2000 Value ETF by 16,463.4% during the 4th quarter. Strategic Financial Concepts LLC now owns 800,673 shares of the company’s stock worth $131,446,000 after purchasing an additional 795,839 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter worth about $97,519,000. Bank of America Corp DE grew its holdings in shares of iShares Russell 2000 Value ETF by 6.3% during the 4th quarter. Bank of America Corp DE now owns 6,717,220 shares of the company’s stock worth $1,102,766,000 after purchasing an additional 399,082 shares during the period. Finally, Victory Capital Management Inc. grew its holdings in shares of iShares Russell 2000 Value ETF by 69.0% during the 4th quarter. Victory Capital Management Inc. now owns 537,775 shares of the company’s stock worth $88,287,000 after purchasing an additional 219,475 shares during the period.

iShares Russell 2000 Value ETF Stock Performance

Shares of NYSEARCA:IWN opened at $154.96 on Friday. iShares Russell 2000 Value ETF has a 1 year low of $129.38 and a 1 year high of $183.51. The stock has a market capitalization of $11.42 billion, a P/E ratio of 13.37 and a beta of 1.09. The stock has a 50-day simple moving average of $146.66 and a 200-day simple moving average of $160.81.

iShares Russell 2000 Value ETF Company Profile

iShares Russell 2000 Value ETF, formerly Ishares Trust Russel 2000 (the Fund), formerly iShares Russell 2000 Value Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Value Index (the Index). The Index measures the performance of equity securities of Russell 2000 Index issuers with relatively lower price-to-book ratios and lower forecasted growth.